Alphatec Holdings Inc (NASDAQ:ATEC) has a beta value of 1.02 and has seen 0.44 million shares traded in the recent trading session. The company, currently valued at $1.44B, closed the recent trade at $11.43 per share which meant it gained $0.6 on the day or 5.54% during that session. The ATEC stock price is -20.65% off its 52-week high price of $13.79 and 57.31% above the 52-week low of $4.88. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.0 million shares traded. The 3-month trading volume is 2.18 million shares.
The consensus among analysts is that Alphatec Holdings Inc (ATEC) is Buy stock at the moment, with a recommendation rating of 1.25. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.12.
Alphatec Holdings Inc (NASDAQ:ATEC) trade information
Sporting 5.54% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ATEC stock price touched $11.43 or saw a rise of 0.95%. Year-to-date, Alphatec Holdings Inc shares have moved 24.51%, while the 5-day performance has seen it change 15.34%. Over the past 30 days, the shares of Alphatec Holdings Inc (NASDAQ:ATEC) have changed 8.96%. Short interest in the company has seen 10.83 million shares shorted with days to cover at 4.29.
Wall Street analysts have a consensus price target for the stock at $19, which means that the shares’ value could jump 39.84% from the levels at last check today.. The projected low price target is $8.0 while the price target rests at a high of $23.0. In that case, then, we find that the latest price level in today’s session is -101.22% off the targeted high while a plunge would see the stock lose 30.01% from the levels at last check today..
Alphatec Holdings Inc (ATEC) estimates and forecasts
The company’s shares have gained 101.59% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 19.77%.
10 analysts offering their estimates for the company have set an average revenue estimate of 168.18M for the current quarter. 9 have an estimated revenue figure of 178.85M for the next ending quarter. Year-ago sales stood 138.48M and 145.57M respectively for this quarter and the next, and analysts expect sales will grow by 21.45% for the current quarter and 19.77% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.77% over the past 5 years.
ATEC Dividends
Alphatec Holdings Inc is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Alphatec Holdings Inc (NASDAQ:ATEC)’s Major holders
Insiders own 24.13% of the company shares, while shares held by institutions stand at 60.22% with a share float percentage of 79.38%. Investors are also buoyed by the number of investors in a company, with Alphatec Holdings Inc having a total of 301.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 8.29 million shares worth more than $86.66 million. As of 2024-06-30, BLACKROCK INC. held 5.8116% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 5.76 million shares as of 2024-06-30. The firm’s total holdings are worth over $60.15 million and represent 4.0341% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are American Century Mutual Funds, Inc.-SMALL CAP GROWTH FUND and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Jan 31, 2025 , the former fund manager holds about 2.73% shares in the company for having 3.94 shares of worth $44.7 million while later fund manager owns 3.04 shares of worth $34.56 million as of Dec 31, 2024 , which makes it owner of about 2.11% of company’s outstanding stock.
